ASX: How telcos TPG and Singtel's Optus went from enemies to frenemies
Just 14 months ago, TPG and Optus apparently hated each other’s guts. But their new regional mobile networking sharing deal shows commercial logic has prevailed.
Stay updated with breaking news from Michael Venter. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Just 14 months ago, TPG and Optus apparently hated each other’s guts. But their new regional mobile networking sharing deal shows commercial logic has prevailed.
TPG Telecom and Optus have struck an 11-year regional network-sharing deal.
TPG and Optus have signed a $1.6b deal to share mobile networks across regional Australia to increase coverage and competition and reduce 5G rollout costs.
TPG and Optus have signed a $1.6b deal to share mobile networks across regional Australia to increase coverage and competition and reduce 5G rollout costs.
It says it is is focused on improving Optus network andsearching for a new CEO. Read more at straitstimes.com.